CryptoSyphn

Bitcoin Ready For 1 More Push??

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin is at an interesting inflection point that at first glance would seem we may dro lower, which is very possible. However, looking closely at the daily chart, we see the indicators are signaling hidden signs of strength that "might" push the price higher 1 more time before we see another large correction. The RSI is signaling a potential reversal signal via the hidden bullish divergence. BTC is still holding the uptrend line making higher lows, all while making lower lows on the indicators. This may be a good indication that the price could test higher once again.

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